Petersburg, VA
Housing market overview · Updated weekly
$219,000median sale price
Homes sold
40
Last 12 weeks
Days on market
76
Average pace
Active listings
96
2.4 months supply
Sale-to-list
98.1%
Below asking
The Petersburg housing market is currently classified as a balanced market with a median sale price of $219,000. Prices have fallen 8.2% compared to last year, with homes spending an average of 76 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Petersburg?
The median home sale price in Petersburg is $219,000, down 8.2% from last year.
How long do homes stay on market in Petersburg?
Homes typically spend 76 days on market before going under contract.
Is Petersburg a buyer's or seller's market?
With 2.4 months of supply, Petersburg is currently a balanced market.
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